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Occidental Petroleum Corp. is an international oil and gas exploration and production company. It operates through following business segments: Oil and Gas, Chemical and Midstream, Marketing and Other. The Oil and Gas segment develops and produces oil and condensate, natural gas liquids and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream, Marketing and Other segment gathers, treats, processes, transports, stores, purchases and markets oil, condensate, NGLs, natural gas, carbon dioxide and power. It also trades around its assets, including pipelines and storage capacity, and trades oil and gas, other commodities and commodity-related securities. The company was founded in 1920 and is headquartered in Los Angeles, CA. [...] more

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A billion-dollar lawsuit against OAO Gazprom by the son of colorful Texas oil wildcatter W.A. “Tex” Moncrief fell apart after Gazprom’s lawyers discovered that a key piece of evidence had been fabricated.

Corp. has been in restructuring mode a long time. But today brought arguably the biggest restructuring yet — the sudden and immediate departure of longtime CEO Steven Farris. Considering the work Apache has been doing to clean itself up and focus on core operations, a Farris exit has the potential to pave the way for a long-awaited spinoff of read »

The Dow Jones industrial average enjoyed its best one-day gain of 2014 Wednesday, and it turns out that was nothing.

A day after gaining 288 points, the index surged 421 points, or 2.4%, to 17,778, in its best gain since late 2011. The move, which doubled in a late-day surge, easily outpaced Wednesday’s advance, which followed read »

ESTEVAN, Saskatchewan _ A re-engineered coal-fired power plant here in the Canadian prairie offers two potentially momentous lessons for China and the United States, the world’s No. 1 and 2 emitters of carbon dioxide.

First lesson: Instead of spewing CO2 into the atmosphere when you generate read »

West Texas Intermediate crude oil is now down to $61 a barrel, and the bloodbath continues for oil company investors. According to data from U.S. Capital Advisors, as of early this week shares in the average large-cap U.S. independent oil and gas company is down 36% from its 52-week high. For mid-caps the average drop is 53%. Small-caps’ losses read »

I sometimes see arguments that make me shake my head in wonder. Facts being presented as if they support one part of a case when those same facts, in reality, support entirely the opposite conclusion to the one on offer. So it is in this piece in the NY Times. The writer is arguing against the idea that corporations who invest in foreign read »

The price of oil fell some more on Tuesday, down as low as $75.84 before closing at $77 a barrel. The decline is blamed on Saudi Arabia cutting prices rather than cutting output amid signs of global glut. That’s discouraging to America’s highly leveraged drillers, who had been hoping beyond hope that $80 would act as a floor on prices. read »

The American economy’s recovery was supposed to be good news, but that economic strength is quickly revealing weaknesses in investors’ portfolios. As U.S. GDP growth pulls away from the rest of the developed world, the strengthening dollar is putting pressure on some of America’s largest companies, from technology to read »

Trian asked that DuPont use a universal proxy card at its 2014 annual shareholder meeting this spring, potentially allowing for rank and file shareholders to vote for its board nominees even if they wanted to support many of the company’s board nominees. read »

Kelle Barfield is Entergy Corporation vice president of integrated communications. In addition to overseeing communication in support of the company’s sustainability initiatives, her team is responsible for corporate branding, advertising, digital media, internal communications and corporate event planning. Barfield began her Entergy career at read »

Marketing is as old as beer – or at least as old as the Stella Artois brand, which goes back to 1366. Beer aside, there is nothing frothy about the marketing of brands, products and services in today’s business world, especially in the digital marketing world where it’s now possible to market your business simply with read »